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Monday, November 23, 2015

Brevard County, Florida Condo Market - October 2015 vs. October 2014

The Brevard County, Florida townhouse and condo market in October 2015 compared to October 2014 as provided by Space Coast Realtors:

  • Closed Sales - Barely higher (0.9%) for October 2015 with 213 units closed compared to 211 in October 2014.
  • Cash Sales  -  Decreased 10% over 2014 cash closings for townhouses and condos.
  • New Pending Sales - Up 60.1%.
  • New Listings - Down -1.6%.
  • Median Sales Price for Townhomes/Condos -  Up 6.2% to $138,000 compared to a year ago, which was $130,000.
  • Months Supply of Inventory - Down -11.3% to 3.3 months vs. 3.8 months in October 2014.
  • Traditional Sales -  Up 10.8% with a median sales price of $144,000.
  • Foreclosure/REO Sales -  Down -26.3% with a median sales price of $100,000.
  • Short Sale Closing - Down -85.7% with a median sales price of $52,000.

agent@moving2brevard.com


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